The foreign company “TAIBA LEASING” Limited Liability Company (FC “TAIBA LEASING” LLC ) has been renamed into a Foreign company “TAIBA FINANCE” Limited Liability Company (FC “TAIBA FINANCE” LLC). This change came into force due to the adoption of a new version of the Company’s Charter and state registration dated May 15, 2023.
FC LLC “TAIBA FINANCE” began its activity in the market of Uzbekistan in 2011 with the presentation of the company by the Islamic Corporation for the Development of the Private Sector in the 3rd Tashkent International Leasing Forum. The company “TAIBA FINANCE” is a 100% subsidiary of the Islamic Corporation for the Development of the Private Sector (ICD), which is part of the Islamic Development Bank Group.
TAIBA FINANCE was created in order to provide a wide range of leasing services in the territory of the Republic of Uzbekistan. The priority of TAIBA FINANCE is to promote the development of the economy of Uzbekistan through the introduction of new financial instruments, financing of small and medium-sized enterprises, especially those producing competitive export-oriented products and having a high level of production localization.
For 13 years now, TAIBA FINANCE has been offering competitive leasing terms for Uzbek leasing holder-enterprises that are profitable and promising. The financing of clients in all regions of Uzbekistan is successfully carried out in close cooperation with the parent company.
Today the company is the only leasing company in Uzbekistan operating in accordance with the principles of Sharia. More than 450 projects are funded for a total amount equivalent to 50 million USD.
“We always support our clients: we help them develop their business by offering real and simple financial solutions. Clients trust TAIBA FINANCE due to the high quality of services provided, international business standards and the company’s stability in the Uzbek market.”
TAIBA FINANCE is one of the first foreign leasing companies in Uzbekistan. We actively finance companies in all key sectors of the country’s economy, from the livestock sector and the mining industry to high-tech areas such as pharmaceuticals or IT. The priority directions of our activity are leasing of various types of commercial vehicles, agricultural and special construction equipment, as well as various production and other equipment.
“As a part of the international group of the Islamic Development Bank of the IDB, we follow the principles and values common to all ICD companies and the IDB itself.”
For 13 years now, TAIBA FINANCE has been offering competitive leasing terms for Uzbek lessees – enterprises with a profitable and promising business. To date, in close cooperation with the parent company (ICD), financing of clients is successfully carried out in all regions of the Republic of Uzbekistan.
500 +
leased objects
450 +
financed clients
13
years of work in Uzbekistan
50
mln. USD projects cost.
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